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February 05, 2020

Masan’s Q3 profit nearly triples to reach $96m

Masan Group Corporation’s core net profit after tax post-minority interest (NPAT Post - MI) was worth VNĐ2.307 trillion (US$98.88 million) in the first nine months of the year, up 90.2 per cent from the same period last year, its results released on Monday show.

Its core NPAT Post-MI margin increased to 8.7 per cent in the January-September period from 4.4 per cent during the same period last year.

Core profit excludes net one-time gains (non-core) of VNĐ1.472 trillion primarily from the “deemed disposal” of the company’s interest in Techcombank as a r

During this period the group’s combined earnings before interest, taxes, depreciation and amortisation (EBITDA) from its subsidiaries went up by 24 per cent year-on-year to VNĐ7.718 trillion from VNĐ6.241 trillion in the same period last year, mainly driven by SG&A (selling, general & administrative expense) rationalisation and operational efficiencies.

“Masan Group posted net revenues of VNĐ26.63 trillion in the period, down 3 per cent year-on-year”

Masan Group Corporation’s core net profit after tax post-minority interest (NPAT Post - MI) was worth VNĐ2.307 trillion (US$98.88 million) in the first nine months of the year, up 90.2 per cent from the same period last year, its results released on Monday show.

Its core NPAT Post-MI margin increased to 8.7 per cent in the January-September period from 4.4 per cent during the same period last year.

Core profit excludes net one-time gains (non-core) of VNĐ1.472 trillion primarily from the “deemed disposal” of the company’s interest in Techcombank as a r

“Excluding MNS, consolidated net revenues would have grown by 29 per cent in the first nine months.”

Its core NPAT Post-MI margin increased to 8.7 per cent in the January-September period from 4.4 per cent during the same period last year.

Core profit excludes net one-time gains (non-core) of VNĐ1.472 trillion primarily from the “deemed disposal” of the company’s interest in Techcombank as a r

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